iShares MSCI India ETF

INDA

Market cap $9.26B

The U.S. Commerce Secretary Howard Lutnick visits India days after the Supreme Court struck down President Trump's tariffs as New Delhi hints at revisiting its U.S. trade deal.

Jayant Dasgupta, former Indian Ambassador to the World Trade Organization, says India is within its rights to withdraw the tariff concessions it had extended to the US, as one side has altered tariff rates, effectively reopening the agreement for negotiation. He adds that, in his view, India is likely to be in a relatively advantageous position compared with its Asian peers under the new 15% tariff regime.

Xiaomi has challenged an Indian tax ruling that said the company evaded $72 million in tariffs on royalty payments, according to legal documents, a dispute that the Chinese company and lawyers say is a test of the country's legal framework for contract manufacturing.

Indian shares have lagged their Asian and emerging market peers so far in February, pressured by a $68.6 billion rout in the market value of information technology stocks, as investors fretted over disruptions linked to artificial intelligence.

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A U.S. Supreme Court ruling lowered tariffs on imports from India, China and Brazil, but is this really a lasting win? Former Indian Ambassador to the WTO, Jayant Dasgupta, tells Haslinda Amin why this is a positive move in the short term, yet fraught with legal and political uncertainty.

The U.S. Commerce Department on Monday will reveal a preliminary decision on whether to impose anti-subsidy duties on solar cells and panels imported from India, Laos and Indonesia.

Indian and U.S. trade negotiators had been due to hold talks in Washington, D.C., this week.

India and the U.S. have an interim trade deal that paves the way for lower tariffs. But challenges remain.

The president's tariffs have created new economic opportunity for India, Brian Klein writes in a guest commentary.